Question

Write your question here (Keep it simple and clear to get the best answer)state and explain principles of insurance

Answer 1

Answer:

Seven Principles of Insurance With Examples

Principle of Uberrimae fidei (Utmost Good Faith),

Principle of Insurable Interest,

Principle of Indemnity,

Principle of Contribution,

Principle of Subrogation,

Principle of Loss Minimization, and.

Principle of Causa Proxima (Nearest Cause).

Explanation:

hope it helps u

:)